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Summary

36 BANKING & FINANCE 42 BUSINESS

2% INTEREST RATE SUPPORT OF GREAT FALLING GASOLINE PRICES HAVE
ASSISTANCE TO SMEs POSITIVE IMPACT ON BUSINESSES

Decree No. 31/2022/ND-CP from the government offering small and The domestic gasoline price has now fallen to
medium-sized enterprises (SMEs), cooperatives, and business below VND30,000 ($1.28) per liter; almost the
households 2 per cent interest rate support when borrowing from same price as in mid-April. This has partly helped
commercial banks will be of great assistance to SMEs after two years the business community by easing material and
of struggle because of Covid-19. The government has assessed that transportation costs and stimulating shopping
SMEs were among the most affected by the pandemic and because of demand. However, analysts still suggest that
their potential will play an important role in the economy. scenarios are needed to deal with negative
fluctuations in world oil prices.

48 TRADE - MARKETS
38 SECURITIES DURIANS OFFICIALLY LICENSED
REASONS BEHIND SLOW EQUITIZATION FOR EXPORT TO CHINA

AND DIVESTMENT OF STATE CAPITAL
After nearly four years of negotiations, on July 11,
According to analysts, the greatest obstacles facing the process of Vietnamese durians were officially licensed for
equitization and divestment of State capital relate to land and export to China. The decision delighted
enterprise valuations. The Ministry of Finance (MoF) said that legal cooperatives and durian businesses, as China is a
mechanisms and policies will continue to be reviewed, researched, market of great potential. This is only an initial step,
and completed in a synchronous manner to ensure the processes however, and much needs to be done to access its
are conducted faster. potential in the long term.

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